Press Releases
RUTGERS INVESTMENT GROUP AND HOMELOANADVISORS.COM INK OUTSOURCE AGREEMENT
Rutgers to Provide Mortgage Processing and Fulfillment Services
January 9, 2008
IRVING, Texas, /PRNewswire/ -- Rutgers Investment Group, Inc., a subsidiary of FirstPlus Financial Group, Inc. (FPFX.PK), today announced that it has entered into an agreement with HomeLoanAdvisors.Com, a California based corporation, to provide mortgage processing and fulfillment services on an outsource basis.
"This agreement allows both our firms to concentrate on what we do best," said Jack Roubinek, Chief Executive Officer of Rutgers Investment Group. "HomeLoanAdvisors.Com manages the client contact, while we at Rutgers take care of the back office work, pulling the whole package together for the borrower."
President of HomeLoanAdvisors.Com, Jeff Pittman, said "Such an arrangement between the companies allows us to aggressively streamline the mortgage loan process. Our clients will benefit from quicker turnaround time, and we will be able to handle the increased loan volume more efficiently."
About Rutgers Investment Group, Inc.
A wholly owned subsidiary of FirstPlus Financial Group, Inc., Rutgers Investment Group is dedicated to helping corporate clients compete in today's fast-changing business climate by providing many innovative financing options. Rutgers also offers home mortgage processing services as well as fulfillment on a contract basis.
About FirstPlus Financial Group, Inc.
A diversified provider of strategic business and financial services, FirstPlus Financial Group has grown rapidly through a series of mergers and acquisitions, creating a synergistic business mix from which to provide significant growth potential and to create value for its shareholders and employees.
About HomeLoanAdvisors.Com
HomeLoanAdvisors.Com is a nationwide direct lender that helps provide consumers with loans to refinance existing mortgages – in spite of less than perfect credit circumstances. As its mission states, HomeLoanAdvisors.Com has helped thousands of hardworking people save money.
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